National home sales show nearly 10% decline in April
Thursday, May 15, 2025, 11:21 am
New figures from the Canadian Real Estate Association reveal that home sales fell by almost 10% in April compared to last year, a drop attributed to lingering tariff uncertainties. The market slowdown underscores buyer hesitancy and injects a dose of economic skepticism into an already cautious outlook.
Selon un économiste, l’incertitude liée aux droits de douane continue de tenir les acheteurs à l’écart.
The tightest segment remains single-family detached homes, which has just dipped out of a seller's market.
Airdrie resale home sales fall about eight per cent year over year in April.
CREA senior economist Shaun Cathcart said tariff-related uncertainty is continuing to keep buyers on the sidelines
The Canadian Real Estate Association says home sales in April fell 9.8 per cent compared with the same month last year, as the national housing market has returned “to the quiet markets we’ve experienced since 2022.” A total of 44,300 residential properties changed hands across Canada last month,…
permalink / 5 stories from sources in 10 hours ago #economy #finance #housing #business
More Top Stories...
Poilievre criticizes no federal budget on investor confidence
Conservative leader Pierre Poilievre lambasted the government for its failure to present a federal budget, warning that this fiscal oversight sends a dismal signal to investors and rating agencies. His remarks cut through the political gloss, reflecting a broader market impatience for clear fiscal direction. More...
Federal Budget Delay Sparks Sharp Criticism From Conservatives
Conservative leaders are unleashing pointed critiques over the postponed 2025 federal budget amid fears of fiscal opacity. Figures like Pierre Poilievre condemn the government’s delay, arguing it sends a bad signal to markets and the public while inviting scrutiny over financial management strategies. More...
Ontario unveils controversial 2025 budget amid tariff challenges
Multiple reports dissect Ontario’s 2025 budget, spotlighting a ballooning deficit, tariff-induced woes, and sweeping reforms from alcohol to cannabis regulations. While the figures paint a less-than-glittering fiscal picture, critics wryly note that Ford’s blueprint might be more about red ink than prosperity. More...
Ontario Tabled 2025 Budget Ignites Heated Fiscal Debate
Ontario’s 2025 budget release has stirred live reactions and pointed critiques, with detractors branding the measures as mere handouts instead of genuine growth initiatives. The unveiling has sparked a contentious debate over economic strategy and fiscal management. More...
Hudson’s Bay brand sale lands $30M deal with Canadian Tire
In a nostalgic yet bold move, Hudson’s Bay has sold its iconic name and brands to Canadian Tire for $30 million. The deal marks the end of an era for the historic retailer and kick-starts a new chapter under a very different corporate banner. More...
Related Tags
Economy
Walmart braces for rising prices amid tariff pressures (12 hours ago)
ATCO CEO warns separatism debate is harming investments (26 hours ago)
Telecoms Struggle with Reduced Roaming Revenues Amid Fewer U.S. Trips (31 hours ago)
Finance
Hudson’s Bay brand sale lands $30M deal with Canadian Tire (3 hours ago)
Ontario Tabled 2025 Budget Ignites Heated Fiscal Debate (4 hours ago)
Ontario woman nearly loses $5M Lotto jackpot (9 hours ago)
Housing
Nova Scotia clinches $170M housing infrastructure deal (6 hours ago)
Montreal Mayoral Candidate Faces Heat Over Rental Deposit Error (3 days ago)
Carney Government’s Bold Housing Pledge Draws Strategic Scrutiny (3 days ago)
Business
Hudson’s Bay brand sale lands $30M deal with Canadian Tire (3 hours ago)
Record-breaking BC lottery jackpot spurs life change move (5 hours ago)
Poilievre criticizes no federal budget on investor confidence (10 hours ago)